Ch:15 HR and Payroll Cycle

Question 1

Human resource management Process

Answer 1

• recruit and hire new employees
• training
• job assignment
• compensation(payroll)
• performance evaluation
• discharge of employees

Question 2

HRM/PAYROLL threats and controls

Answer 2

Threats :
-inaccurate or invalid data 
-hiring unqualified employees 
Controls:
-data processing integrity controls 
- restrict access to master data

Question 3

Payroll cycle activities

Answer 3

• update payroll master data
• validate time and attendance data , source document : time sheets
• prepare payroll “payroll register and deduction register”
• disburse payroll
• disburse taxes and miscellaneous deductions

Question 4

Reasons to outsource payroll

Answer 4

• reduce costs
• broader range of benefits
• free up computer resources